This compound is primarily utilized in advanced materials research, particularly in the development of organic semiconductors. Its unique structure allows it to function as a key component in electronic devices such as organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). The compound’s ability to facilitate efficient charge transport makes it valuable in enhancing the performance of these devices. Additionally, it is explored for its potential in creating novel phosphorescent materials, which are critical for applications in lighting and display technologies. Its stability and electronic properties also make it a candidate for use in sensors and other optoelectronic applications.